Kurunegala, LK, LKA
46 days ago
Manager - Costing
**Position:** Manager – Costing **Position Snapshot:** + Place of work: Nestlé Lanka - Kurunegala Factory + Area: Finance & Control **Position Summary:** Reporting to the Head of Factory Control, the candidate is responsible for the smooth functioning of the factory costing process, implementing budgetary controls and actively participating in initiatives aimed at reducing costs and minimizing waste. **A day in the life of the role:** + Drive cost optimization initiatives within the factory by collaborating with relevant stakeholders to identify and implement effective strategies + Actively participate in daily and weekly operational reviews, providing timely and accurate data analysis to support production teams in resolving issues and uncovering opportunities for improvement. + Assist the Factory Controller in managing Factory Fixed Overhead (FFOH) controls, including the development, monitoring, and reporting of monthly and annual budgets. + Drive Total Delivered Cost (TDC) initiatives across the factory, ensuring that agreed-upon annual targets are met through sustainable practices. + Ensure timely completion of period-end closing processes in accordance with Nestlé Accounting Standards (NAS) and Costing Standards, while promoting accountability for data accuracy at the source. + Responsible for the preparation and delivery of the Factory Annual Cost Estimate (ACE) in line with organizational goals. + Foster a culture of financial improvement within the department and across other departments, particularly in driving cost-saving initiatives throughout the factory. + Support the development of analytical skills among Super Users, Data Entry Operators, and End Users across different production groups to enhance data-driven decision-making. + Conduct audits to identify costing-related gaps and ensure timely follow-up to close any identified issues, enhancing compliance and accuracy. **What will make you successful?** + **Education:** A degree in Business Management/ Finance and relevant full professional qualification such as CIMA/ ACCA/ CA/ CMA. MBA will be an added advantage + **Expected experience:** minimum 5 years of experience with at least 2 – 3 years of experience in manufacturing costing in a manufacturing organization + **Language skills:** Fluency in English and Sinhala + **Other skills:** Demonstrate strong expertise in costing processes to effectively design and manage internal control systems across diverse scenarios. Proficient in applying advanced financial modeling techniques and scenario planning to facilitate informed decision-making. Possess excellent analytical capabilities, stakeholder management skills, adaptability, initiative, and a proven ability to solve complex problems
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